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Dec 26, 2012
12/12
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wiesel t axelrod: there continue to be encouraging signs that the u.s. eausing market is recovering. government figures for november show the construction on new homes was up 21.6% from a year ago. in california, you may be surprised at who is buying. here's ben tracy. >> reporter: this is the busy time of year for you guys. >> absolutely. this is when all the grapes come ns. >> reporter: scott meadows runs salinas vineyards in california's napa valley. there's a good reason he put that american bald eagle on the , ttle. it seems kind of nationalistic. >> it does, doesn't it? that was a specific request from our owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made produc
wiesel t axelrod: there continue to be encouraging signs that the u.s. eausing market is recovering. government figures for november show the construction on new homes was up 21.6% from a year ago. in california, you may be surprised at who is buying. here's ben tracy. >> reporter: this is the busy time of year for you guys. >> absolutely. this is when all the grapes come ns. >> reporter: scott meadows runs salinas vineyards in california's napa valley. there's a good reason...
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Dec 26, 2012
12/12
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KBCW
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. >> reporter: they flush with cash and invested about $16.4 billion in the u.s. in the past decade. $1.3 billion in california. and all in the past year. but the chinese, they are boosting the golden states housing recovery as they bought one out of every ten homes sold in the past year. >> compared to the high-end housing like in beijing, this is not that expensive though. and they thought that renting a door room was a waste of money. >> yeah, my parents decided to buy me a house as an investment outside china. >> reporter: he has sold 22% of the residence at the ritz to affluent chinese. >> they basically have a place to put their money and they look at their own economy as a place that is not very stable and the housing market is not very stable there either. >> reporter: the housing complex in irvine, california is being built for chinese buyers. separate walk cooking rooms, no unlucky fours in the addresses and multiple dances for multigenerational living. back in napa scott says that the chinese wealth is an opportunity, not a threat for the american busin
. >> reporter: they flush with cash and invested about $16.4 billion in the u.s. in the past decade. $1.3 billion in california. and all in the past year. but the chinese, they are boosting the golden states housing recovery as they bought one out of every ten homes sold in the past year. >> compared to the high-end housing like in beijing, this is not that expensive though. and they thought that renting a door room was a waste of money. >> yeah, my parents decided to buy me a...
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Dec 26, 2012
12/12
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KGO
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. >>> we although that santa delivers on christmas day but did you know the u.s. postal service does do. they have been delivering mail on the christmas for the past three years. she dresses the part on december 25th and feels like santa when they answer the door. >> when their children at home, you get to see them. there is those smiles on the face and santa is really delivering on christmas day. >> dan: isn't that great. they only deliver express mail on christmas and nancy has been an employee at the robertsville post office for 28 years. neither rain, nor sleet will symptom nancy. >> we don't have to feed reindeer either. here is a look at live, it's raining here in san francisco as you can see on the live camera shot. wetter in some areas than in others. much of the day we had most concentrated in the north bay. you can see life doppler despite the fact have an approaching area of rainfall, things have calmed down there quite a bit. santa rosa was getting drenched earlier in the day but you see nice breaks across the north bay. there is more rainfall lurking
. >>> we although that santa delivers on christmas day but did you know the u.s. postal service does do. they have been delivering mail on the christmas for the past three years. she dresses the part on december 25th and feels like santa when they answer the door. >> when their children at home, you get to see them. there is those smiles on the face and santa is really delivering on christmas day. >> dan: isn't that great. they only deliver express mail on christmas and...
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Dec 26, 2012
12/12
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KOFY
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. >>> we although that santa delivers on christmas day but did you know the u.s. postal service does do. they have been delivering mail on the christmas for the past three years. she dresses the part on december 25th and feels like santa when they answer the door. >> when their children at home, you get to see them. there is those smiles on the face and santa is really delivering on christmas day. >> dan: isn't that great. they only deliver express mail on christmas and nancy has been an employee at the robertsville post office for 28 years. neither rain, nor sleet will symptom nancy. >> we don't have to feed reindeer either. here is a look at live, it's raining here in san francisco as you can see on the live camera shot. wetter in some areas than in others. much of the day we had most concentrated in the north bay. you can see life doppler despite the fact have an approaching area of rainfall, things have calmed down there quite a bit. santa rosa was getting drenched earlier in the day but you see nice breaks across the north bay. there is more lurking offshore.
. >>> we although that santa delivers on christmas day but did you know the u.s. postal service does do. they have been delivering mail on the christmas for the past three years. she dresses the part on december 25th and feels like santa when they answer the door. >> when their children at home, you get to see them. there is those smiles on the face and santa is really delivering on christmas day. >> dan: isn't that great. they only deliver express mail on christmas and...
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Dec 26, 2012
12/12
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KPIX
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. >> reporter: chinese firms flush with cash have invested $16.4 billion in the u.s. in the past decade. $1.3billion in california companies. $560million in just the past year. the chinese are boosting the golden states housing recovery. they bought one out it have every ten homes sold in the past year. >> compare to high end housing like in beijing, this is not that expensive. >> reporter: a student at the university of southern california. his parents bought him this yearly $1 million condo. they thought renting a dorm room was a waste of money. >> my parents decide to buy me a house as a investment outside china. >> reporter: jim jacobson has sold 22% of the residents to affluent chinese. >> they don't have a place to put their money. they look at their own economy as a place where it's not very stable. the housing market is not very stable either. >> reporter: so this housing complex is being built for chinese buyers. separate wok cooking rooms. no unlucky fours in the addresses. back in napa scott says chinese wealth is an opportunity, not a threat for american b
. >> reporter: chinese firms flush with cash have invested $16.4 billion in the u.s. in the past decade. $1.3billion in california companies. $560million in just the past year. the chinese are boosting the golden states housing recovery. they bought one out it have every ten homes sold in the past year. >> compare to high end housing like in beijing, this is not that expensive. >> reporter: a student at the university of southern california. his parents bought him this yearly...
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Dec 26, 2012
12/12
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KRON
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u.s. stock features are flat following the market's slide during monday's thinly traded session which was stored for a holiday. investors remain concerned that congress and the administration will be unable to break the deadlock in talks to resolve the looming fiscal cliff crisis. president obama is ending his out vacation in hawaii today to make a late bid to reach a deal before the year and. the white house that he should be back in washington tomorrow when house and senate members are expected to reconvene. new this morning a car bomb had outside the u.s. base in eastern afghanistan has killed three people and injured six civilians. afghanistan police say the blast killed a security guard and two truck drivers delivering supplies. the tal bang claims responsibility for the attack which happened after a minibus stop at a deep for a security check. the international security assistance for says the base has been secured. if sampras as the woman will be arraigned today on charges of vehicu
u.s. stock features are flat following the market's slide during monday's thinly traded session which was stored for a holiday. investors remain concerned that congress and the administration will be unable to break the deadlock in talks to resolve the looming fiscal cliff crisis. president obama is ending his out vacation in hawaii today to make a late bid to reach a deal before the year and. the white house that he should be back in washington tomorrow when house and senate members are...
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Dec 26, 2012
12/12
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FBC
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the u.s. dollar hit had a two year high against the japanese yen appearing the japanese are printing money, but gold is stuck in a range right now. why is that? >> well, normally, in a time like this, you see it be the flight to safety. ashley: yeah. >> we're seeing the euro dollar. everybody's going there because there's no negative news. hang on to your hats for the gold. i believe we'll see it getting to 1680 week's end and tach that 1700 mark. again, everybody's worried about the two letters, "fc," fiscal cliff, and pulling from the u.s. dollar, the yen is pulling back, the new regem that's in there, they are doing what they need to do, and nobody's going to gold right now. silver is sneaking up slowly, above the $30 range. we'll see that take off. reason for that is we look at china. china's economy is turning the corner. that's also helping with what you folks talked about earlier in the crude oil. see how it plays out. even though it's a light volume week as far as trading -- ashley: st
the u.s. dollar hit had a two year high against the japanese yen appearing the japanese are printing money, but gold is stuck in a range right now. why is that? >> well, normally, in a time like this, you see it be the flight to safety. ashley: yeah. >> we're seeing the euro dollar. everybody's going there because there's no negative news. hang on to your hats for the gold. i believe we'll see it getting to 1680 week's end and tach that 1700 mark. again, everybody's worried about...
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Dec 26, 2012
12/12
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KRON
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u.s. this morning. we were crossing our fingers here in the bay area so far we have no delays here. to get you more news faster we will turn to mike pelton who is live at s f o. >> a lot of people are trying to get out early to beat the rush. but they are not having any luck. it is a lot of congestion here at as a foe. and lot of travelers are coming here and this is officially signaling the end of their holiday. thousands of passengers are headed home as they spent christmas with their family and friends. everyone that i spoke with stated that it was a perfect day. >> i went to the movies and i had drinks and i played darts with my friends. >> it's back to the daily grind. >> good nose for travelers. right now there are no delays coming in or going out as at all. this can change as whether rosa in here in san francisco and across the country. we will continue to monitor the other delays. >> a san francisco woman will be arraigned today on charges of the hit killer manslaughter that killed
u.s. this morning. we were crossing our fingers here in the bay area so far we have no delays here. to get you more news faster we will turn to mike pelton who is live at s f o. >> a lot of people are trying to get out early to beat the rush. but they are not having any luck. it is a lot of congestion here at as a foe. and lot of travelers are coming here and this is officially signaling the end of their holiday. thousands of passengers are headed home as they spent christmas with their...
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Dec 26, 2012
12/12
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CNBC
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and i mean, u.s. dollars, i'm short yen against canadian dollars, i'm short yen against aussie and the kiwi. i think it's abundantly clear that this new administration has made it very clear it intends to force the bank of japan to supply japanese yen in unlimited terms. these are terms that we have not heard from a -- from monetary authorities or political authorities, i can't remember ever having heard that before. you have to remember, a government has a hard time strengthening its currency, but governments can very easily weaken their currencies, simply by printing them and when the japanese said they are going to print them in an unlimited fashion, you have to believe them. >> also, the other difference here between japan and what's going on for instance here in the united states is that in japan, there are still positive real rates so the bank of japan has the freedom and the leeway to really impact what's going on with the yen. >> well, they've made it clear that that's what they intend to do.
and i mean, u.s. dollars, i'm short yen against canadian dollars, i'm short yen against aussie and the kiwi. i think it's abundantly clear that this new administration has made it very clear it intends to force the bank of japan to supply japanese yen in unlimited terms. these are terms that we have not heard from a -- from monetary authorities or political authorities, i can't remember ever having heard that before. you have to remember, a government has a hard time strengthening its currency,...
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Dec 26, 2012
12/12
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only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux guarantees of fixing the original faux guarantees as the intrusion really did get worse. i take you back to september of 2008 when the gses were put in the conservatorship and then treasury secretary paulson said the following quote. i attribute the need for today's action, talking about conservatorship, primarily to the inherent conflict and flawed business model embedded in the gse government sponsored enterprise structure and to the ongoing housing correction. well, first of all, how many experts have we had on lately that have said housing is doing much better. today's kate shiler seems to
only can the u.s. government, i take that back, only can government, period, including the u.s. government turn a detour into a four-lane highway, okay? let's talk about infusion. governments tried to create faux guarantees when they set up the gses when they created the structure of special financing and faux guarantees whether they were applied or assumed, we all know how it turned out. taxpayers ended up getting the bill when government took over the space. and then we get all the faux...
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Dec 26, 2012
12/12
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and with students across the u.s. enjoying the break, a national debate is raging about whether more guns in schools would keep them safe in the wake of that massacre. right now, at least one new jersey town plans to put armed police officers in all nine schools come the new year and politicians in states like virginia talking about giving teachers permission to carry guns. joining me now is dr. steve perry, host of "save my son." steve, good to have you here and hearing about what's gone in virginia and the possibility of teachers might be given permission to carry a gun in to the classroom. much of this debate has been fueled by the fact that the ceo of the nra said it's only going to take a good guy with a gun to stop a bad guy with a gun. are you worried about where this conversation is doing and that's the slippery slope, talking about stopping guns? >> absolutely. what we have done is allowed hysteria to step in and get us afraid of what was otherwise a safe setting. the american public schools are safe. approxi
and with students across the u.s. enjoying the break, a national debate is raging about whether more guns in schools would keep them safe in the wake of that massacre. right now, at least one new jersey town plans to put armed police officers in all nine schools come the new year and politicians in states like virginia talking about giving teachers permission to carry guns. joining me now is dr. steve perry, host of "save my son." steve, good to have you here and hearing about what's...
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Dec 26, 2012
12/12
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CNBC
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the u.s. has been growing. we've got housing, we've got automobiles. both have put in good numbers and we would expect that our economy will be able to weather the rockiness near term and benefit from an agreement on this fiscal cliff. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said before, if we move into a recession, you're not going to get a 1585 target or 2 $108 in earnings. we're not expecting the powers that be in washington are going to be willing to save a defeat from the jaws of victory. >> you haven't watched them before, john, have you? >> i've been around for a long time. i have watched them before. i do know that th
the u.s. has been growing. we've got housing, we've got automobiles. both have put in good numbers and we would expect that our economy will be able to weather the rockiness near term and benefit from an agreement on this fiscal cliff. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s....
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Dec 26, 2012
12/12
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KRON
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in afghanistan the u.s. troops at forward operating base lightning got into the spirit of christmas. leadership personnel did the honors of serving up a traditional christmas meal to give troops a true taste of the holiday. they carved turkey and others to the sounds of christmas tunes. how you can send in your holiday pictures. >> we're in the holiday spirit and many of you are too. here's a couple of the cuter ones we received. send your pictures to us on facebook and equal us at breaking news at kron.com. several more holiday photos coming up later in the store. >> still ahead at 5:00, disturbing new details are being revealed about the man that shot and killed two firefighters in new york after police say he lured them into a trap. a difficult christmas for families of the newtown shootings. how others are coming to their aid and how the victims are being honored. >> and the dangerous and deadly weather taking aim at the midwest ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog b
in afghanistan the u.s. troops at forward operating base lightning got into the spirit of christmas. leadership personnel did the honors of serving up a traditional christmas meal to give troops a true taste of the holiday. they carved turkey and others to the sounds of christmas tunes. how you can send in your holiday pictures. >> we're in the holiday spirit and many of you are too. here's a couple of the cuter ones we received. send your pictures to us on facebook and equal us at...
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Dec 26, 2012
12/12
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MSNBCW
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. >>> president obama and first lady michelle visited u.s. service members yesterday in hawaii. the commander in chief wished the troops a merry christmas. >> obviously, we are still in a wartime footing. there are still folks as we speak who are overseas, especially in afghanistan, risking their lives each and every day. you have an entire country behind you and that all of us understand that we would be nowhere without the extraordinary service that you guys provide. and so, we want to say thank you. we love you. >>> hotel rooms in the nation's capital are not booking up as fast as they were four years ago. officials expect between 600,000 and 800,000 for the president's second inauguration, less than half compared to four years ago. >>> netflix had a major fail. who's to blame and will you get a refund, that's coming up. th cy to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. that is the end... of carousel one. ...of carousel one. there's carousel two! all right! [ male announcer ] when you combine c
. >>> president obama and first lady michelle visited u.s. service members yesterday in hawaii. the commander in chief wished the troops a merry christmas. >> obviously, we are still in a wartime footing. there are still folks as we speak who are overseas, especially in afghanistan, risking their lives each and every day. you have an entire country behind you and that all of us understand that we would be nowhere without the extraordinary service that you guys provide. and so, we...
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Dec 26, 2012
12/12
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MSNBCW
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on christmas day, ralph hall became the oldest person ever to serve in the u.s. house. paul beats the record set by north carolina rep who died in office in 1930 at the age of 89 years, seven months and 25 days. he gets his birthday on the house floor by speaker boehner because he has been there for so long. a neat thing to have. with the release of the movie lincoln, the guy on the $5 bill is all the rage, but we are going back a few years before lincoln for a look at one of america's found being fathers. the guy on the $2 bill that you don't see very much. we spoke about the third president, the original virginia wahoo. >> a look at the life of founding father thomas jefferson shows his towering political achievements may not have been possible without his ability to read the tea leaves. he understood a timeless truth that politics is slide scopic and constantly shifting and the morning's foe may well be the afternoon's friend. all seems well and good, but that's from the book thomas jefferson, the art of power. joining me now is the author of that book, john meachem.
on christmas day, ralph hall became the oldest person ever to serve in the u.s. house. paul beats the record set by north carolina rep who died in office in 1930 at the age of 89 years, seven months and 25 days. he gets his birthday on the house floor by speaker boehner because he has been there for so long. a neat thing to have. with the release of the movie lincoln, the guy on the $5 bill is all the rage, but we are going back a few years before lincoln for a look at one of america's found...
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Dec 26, 2012
12/12
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i'm very proud the u.s. conference of mayors, numerous mayors are signed on to this effort as well. >> michael nutter of philadelphia, we appreciate it. it really is the pairing of two unbelievable tragedies, the mental illness in western new york and this horrific tragedy. interesting to see -- >> i know you have to go, the fiscal cliff -- the fiscal cliff wants to cut money from mental health services. >> indeed. mr. michael nutter of philadelphia, we appreciate it. >>> let's shift back to the fiscal cliff and the art of the possible with one of the lawmakers that will have to pass a vote if a deal is consummated, kay bailey hutchison, member of the appropriations committee and republican from texas, she joins me now. thanks so much for being on the program. >> thank you, luke. >> so we know now the ball is in the senate's court, emphasis is now on harry reid and mitch mcconnell. seems the house is not in session. johnny isakson, your colleague from georgia said congress should pass the $250,000 and below
i'm very proud the u.s. conference of mayors, numerous mayors are signed on to this effort as well. >> michael nutter of philadelphia, we appreciate it. it really is the pairing of two unbelievable tragedies, the mental illness in western new york and this horrific tragedy. interesting to see -- >> i know you have to go, the fiscal cliff -- the fiscal cliff wants to cut money from mental health services. >> indeed. mr. michael nutter of philadelphia, we appreciate it....